KUALA LUMPUR (June 12): Maybank Kim Eng analyst Tan Chi Wei downgraded the recommendation on YTL Power International Bhd to hold from buy.
* Price target (PT) set to 85 sen. YTL Power average PT is RM1.02
* YTL Power had 8 buys, 6 holds, 1 sell previously: Bloomberg data
* Analysts lowered their consensus one-year target price for the stock by 25 percent in the past three months. Forecasts range from 78 sen to RM1.30.
Performance Metrics
* Investors who followed the analyst's recommendation would have received a 11 percent return in the past year, compared with the negative 36 percent return on the shares.